Business Growth
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Flora Foods’ Brisby named Nomad Foods CEO
Yahoo Finance· 2025-10-10 13:45
Core Insights - Nomad Foods has appointed Dominic Brisby as the new CEO, effective January, succeeding Stéfan Descheemaeker who is retiring after 11 years [1][2][4] - Brisby has a strong background in the food industry, having served as president of Flora Foods Group's European and North American operations and previously worked at Imperial Brands for over 12 years [3] - The company has shown consistent annual growth in sales and earnings since its formation in 2015, with 2024 revenue reported at €3.1 billion, a 1.8% increase from the previous year [5][6] Financial Performance - In 2024, Nomad Foods reported an operating profit of €387 million, reflecting a 13.7% increase compared to 2023, and a net profit of €227.1 million, up 17.8% [5] - Despite the growth, the company has revised its forecasts for key sales and earnings metrics downward twice this year [6][7] - Nomad Foods is targeting a compound annual adjusted EBITDA growth of 1-3% for the period from 2026 to 2028, a significant reduction from the previous target of 5-7% [7] Strategic Initiatives - The company plans to implement "accelerated efficiency savings" amounting to €200 million ($235 million) from 2026 to 2028, focusing on procurement, logistics, and overheads [6][7] - No new medium-term targets for revenue and earnings per share (EPS) have been announced, following previous targets of 3-4% for revenue and 7-9% for adjusted EPS [7] Leadership Transition - Stéfan Descheemaeker expressed pride in the company's achievements during his tenure, highlighting Nomad Foods' position as a leading player in the European frozen-food market [8] - Noam Gottesman, co-chairman and founder of Nomad Foods, emphasized the growth potential of the company and the value-creation track record of the incoming CEO, Dominic Brisby [4][5]
X @Elon Musk
Elon Musk· 2025-10-10 03:35
RT X Freeze (@amXFreeze)X has rebranded Verified Organizations to X Premium BusinessThis is much more than a branding update – it gives brands essential tools, an exclusive marketplace for top handles, powerful real-time insights, advanced account protection, impersonation defense, and dedicated supportLot of brands on X are experiencing explosive growth, surpassing performance on every other platformX platform has become a hub for product launches and reached to buyers at the highest level....Here users lo ...
X @Forbes
Forbes· 2025-10-10 02:00
Business Growth - Encourages proactive movement and change to foster business growth, rather than stagnation [1] - Suggests that business growth is dependent on action and adaptation [1] Call to Action - Urges individuals to take action and build a business that evolves [1]
NextPlat Issues CEO Shareholder Update Letter
Prnewswire· 2025-10-08 12:02
Core Insights - NextPlat Corp has made significant progress in securing new healthcare contracts, implementing cost reductions, and launching AI-powered healthcare management software and consumer health products as it approaches the final quarter of 2025 [1][10]. Operational Developments - The leadership has conducted a comprehensive review of the business and implemented a strategic plan to address challenges and opportunities, focusing on reducing corporate overheads and enhancing operational efficiency [2][5]. - Significant progress has been made in reducing costs, with an expected additional $1.0 million in yearly overhead reductions from measures such as closing underutilized office space and consolidating personnel [5][6]. Business Development and Growth - NextPlat's business model includes healthcare services, communications products, and e-commerce development, with notable progress in each area [4][6]. - The healthcare services segment has secured new contracts and invested in product enhancements, which are expected to contribute to growth starting late 2025 [6][8]. Healthcare Services - The healthcare management team has been realigned under new leadership, aiming to improve operations and support business development [5][6]. - A new prescription management contract has been expanded to a second facility, anticipated to significantly increase new prescriptions [6]. Communications Sector - The communications business is experiencing increased transaction volumes, driven by partnerships with satellite network operators, leading to record levels of recurring revenue [8]. - Hardware demand is growing, with significant sales of satellite-enabled devices and plans to expand partnerships with leading hardware providers [8]. E-Commerce Development - Sales activity in the e-commerce sector is increasing, supported by a partnership with OPKO Health for health products in China, which is not subject to current tariffs [8]. - The launch of the Florida Sunshine brand of vitamins and supplements is underway, with initial sales recorded and plans for a digital advertising program to boost visibility [8].
G-III Apparel Stock: New Brands, Internationalization, And Undervalued (NASDAQ:GIII)
Seeking Alpha· 2025-10-08 08:13
Group 1 - G-III Apparel Group, Ltd. is making significant investments to relaunch the DKNY, Donna Karan, and Karl Lagerfeld brands, which is expected to accelerate business growth [1] - The company has entered new agreements with brands such as Converse and BCBG, further enhancing its growth potential [1] - Ongoing digitization efforts and international expansion, particularly in Europe, are key strategies for the company's future growth [1]
Starting Small, Thinking Big | Rohit Kumar | TEDxSGGSCC Studio
TEDx Talks· 2025-10-06 16:21
Friends, think about this. A doctor busy in his clinic, a fitness trainer working with clients all day, or an e-commerce seller trying to reach customers online. They all have one common problem.They have knowledge, they have talent, they have their own product or service, but they also share the same challenge. How do I actually reach more clients and customers. I faced this exact problem myself and while trying to solve it, I realized something very important.In today's world, whether you are selling a pr ...